The Evolution of Lending Through Fintech
The lending market is going through some major, rapid changes, and it’s more exciting than ever for consumers looking for ...
Tag: alternative lending
With 1.5 Million Customers, Marcus Remains Focused on High-FICO Borrowers
Marcus, the retail arm of Goldman Sachs, is growing at steady pace with 1.5 million customers in its second quarter, ...
New York State Will Regulate Online Lenders to ‘Level Playing Field’ for Banks
Online lenders may own more than half of the personal lending market, but they face serious headwinds. For one thing, rising ...
Top 3 Fintech Trends in May
A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring ...
Millennials SME Owners Prefer Online Alternative Lenders to Tradtional Ones
Online alternative lenders are gaining momentum with U.S. small businesses, specifically and unsurprisingly with those run by millennials, according to ...
Alt-Lender TruFin Raises $97M in IPO
U.K. alternative lender TruFin has raised about $97 million in an IPO, the firm announced today. The company will start ...
LendingPoint Acquires LoanHero to Expand Customer Base, POS Capabilities
EXCLUSIVE—LendingPoint has formally acquired LoanHero, a move that will allow the balance sheet lender to both expand its customer focus ...
Climb Credit Offers New Model in Student Lending Product
EXCLUSIVE - Nearly a third of Americans have low FICO scores, and this can mean difficulties in securing loans to ...
Do Fintech Lender Myths Hold Up? Not Exactly, TransUnion Says
EXCLUSIVE--Are fintech lenders really more risky, more desperate for customers, and more appealing to millennials? Not precisely, TransUnion told Bank ...
Kabbage Lawsuit Ignites Debate Over ‘True Lenders,’ Fintech-Bank Partnerships
The lawsuit of a small business in Massachusetts against alternative lender Kabbage is raising questions about the role of partner ...
